Explore how happiness economics measures individual satisfaction through surveys, analyzing economic factors like income, employment, and their impact on well-being.

Some even consider them quaint, outdated, or simple-minded. Basic economic principles, however, are neither simplistic nor simple minded. They are, rather, quite sophisticated in their simplicity, ...

I have been teaching economics since 1967 — 40 years of it at George Mason University in Fairfax, Virginia. During that interval, economic reality has not changed. Just as Galileo’s law about the ...

Explore the principles of mainstream economics, its origins in neoclassical thought, and criticisms from heterodox theories. Discover how it impacts economic policies.